When the Housing Market Will Crash
As inflation and interest rates continue to climb, there’s lots of talk about the direction of the housing market and the potential impact on home prices.
19 April 2020
As inflation and interest rates continue to climb, there’s lots of talk about the direction of the housing market and the potential impact on home prices.
If you want to buy a house soon, there’s good news: prices are declining for the first time since the pandemic frenzy and the market is normalizing.
We tackle the question that’s on everyone’s mind — When will interest rates finally come back down? Are we doomed to high interest forever?
It likely comes as no surprise that we’ve been in the middle of historically high home values. Has the market peaked, or will the craze continue?
House hunters in the market to buy a home during this time of elevated prices need to ask themselves: is a house a good long-term investment?
Earlier this month, the Federal Housing Finance Agency or FHA, announced that the maximum baseline conforming loan limits will rise in 2022.